Boston Properties Stock Was Up By 11% Today

(VIANEWS) – The NYSE ended the session with Boston Properties (BXP) rising 11% to $63.19 on Saturday while NYSE jumped 1.06% to $16,259.09.

Boston Properties’s last close was $56.93, 28.32% below its 52-week high of $79.42.

About Boston Properties

BXP (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). Including properties owned by unconsolidated joint ventures, BXP's portfolio totals 53.5 million square feet and 190 properties, including 11 properties under construction/redevelopment.

Earnings Per Share

As for profitability, Boston Properties has a trailing twelve months EPS of $1.23.

PE Ratio

Boston Properties has a trailing twelve months price to earnings ratio of 51.37. Meaning, the purchaser of the share is investing $51.37 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.58%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Boston Properties’s stock is considered to be oversold (<=20).

Moving Average

Boston Properties’s worth is way above its 50-day moving average of $56.31 and above its 200-day moving average of $57.96.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 27, 2023, the estimated forward annual dividend rate is 3.92 and the estimated forward annual dividend yield is 7.3%.

Volatility

Boston Properties’s last week, last month’s, and last quarter’s current intraday variation average was 2.02%, 0.36%, and 2.11%.

Boston Properties’s highest amplitude of average volatility was 2.33% (last week), 2.67% (last month), and 2.11% (last quarter).

More news about Boston Properties (BXP).

Leave a Reply

Your email address will not be published. Required fields are marked *